Principal Engineer - Stablecoin

Hobbsnews; Jersey City (NJ); On-site; USD 156,500 - 230,000; Full time

Benefits offered by this job

Industry-leading benefits

Paid time off

Job summary

Bank of America is seeking an engineering lead for their Stablecoin solutions in Jersey City, NJ. This role involves defining the engineering approach, delivering complex features, and ensuring alignment with the broader payments ecosystem. Required qualifications include experience in financial blockchain applications, cloud providers, and Web3 protocols.

This position offers a salary range of $156,500.00 - $230,000.00 annually based on experience, and includes industry-leading benefits and opportunities for career growth.

Qualifications

• Experience of design and development of secure and scalable financial blockchain applications and smart contracts.
• Expertise building distributed multi-cloud multi-region applications.
• Deep understanding of Web3 Protocols.
• Integrating blockchain solutions with external systems, such as oracles.
• Track record of collaborating with business product SMEs, architects, developers, and other stakeholders.

Responsibilities

• Develops the engineering approach for the entire program/portfolio solution.
• Leads the planning, definition, and design of the complex features.
• Defines the technology tool stack for the solution.
• Ensures that the Stablecoin design and engineering approach are consistent with the larger payments ecosystem.
• Guides on design and best practices for high code performance.

Skills

Automation

Influence

Result Orientation

Stakeholder Management

Technical Strategy Development

Application Development

Architecture

Business Acumen

Risk Management

Solution Design

Agile Practices

Analytical Thinking

Collaboration

Data Management

Solution Delivery Process

Tools

AWS

GCP

Azure

Truffle

Hardhat

Remix

Web3.js

Ethers.js

Terraform

Job description

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day. Being a Great Place to Work is core to how we drive Responsible Growth. This includes our commitment to being an inclusive workplace, attracting and developing exceptional talent, supporting our teammates’ physical, emotional, and financial wellness, recognizing and rewarding performance, and how we make an impact in the communities we serve. Bank of America is committed to an in‑office culture with specific requirements for office‑based attendance and which allows for an appropriate level of flexibility for our teammates and businesses based on role‑specific considerations. At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!

Position Summary

This job is responsible for defining and leading the engineering approach for Bank of America’s Stablecoin solutions, including complex features to deliver significant business outcomes. Key responsibilities of the job include delivering complex features and technology, enabling development efficiencies, providing technical thought leadership based on conducting multiple software implementations, and applying both depth and breadth in a number of technical competencies. Additionally, this job is accountable for end‑to‑end solution design and delivery.

Responsibilities

• Develops the engineering approach for the entire program/portfolio solution and works with Architecture, to develop/analyze/deliver the implementation of technical enablers
• Leads the planning, definition, and design of the complex features which span multiple teams and explore solution alternatives
• Leads the technical oversight for teams in solution development including design reviews and code within own domain
• Defines the technology tool stack for the solution within ranged of internally approved and supported technologies
• Ensures that the Stablecoin design and engineering approach for complex features are consistent with the larger payments ecosystem
• Define the technology tool stack for the solution and evaluate and adapt new testing tool/framework/practices for team(s)
• Enables team(s)/applications with Continuous Integration/Continuous Development (CI/CD) capabilities and engages with other technical stakeholders pertaining to efficient functioning of CI-CD pipeline
• Guides and influences team(s) on design and best practices for high code performance – e.g. pairing, code reviews
• Lead the design and development of secure, scalable financial blockchain applications, with a focus on stablecoin issuance, lifecycle management, and settlement use cases.
• Define end‑to‑end blockchain architectures leveraging deep expertise in Web3 protocols, distributed ledger technology (DLT), and decentralized system design.
• Design, develop, and maintain production‑grade smart contracts using languages such as Solidity, Rust, or equivalent, aligned with banking‑grade controls.

Required Qualifications

• Experience of design and development of secure and scalable financial blockchain applications and smart contracts
• Expertise building distributed multi‑cloud multi‑region applications.
• Experience with AWS and/or other major cloud providers such as GCP or Azure
• Must have a deep understanding of Web3 Protocols
• Experience building decentralized applications on platforms like Ethereum, Solana, or Hyperledger
• Design and development with smart contracts using Solidity, Rust, or other blockchain programming languages
• Implementation experience with cryptography (e.g., public/private key systems, hashing algorithms), token standards (e.g. ERC20, ERC721 etc.) and DeFi protocols
• Building and optimizing DLT for performance and security
• Experience of conducting code reviews, audit and security analysis to identify and mitigate vulnerabilities
• Integrating blockchain solutions with external systems, such as oracles (e.g., Chainlink), existing infrastructure or APIs
• Track record of collaborating with business product SMEs, architects, developers, and other stakeholders to deliver production ready solutions

Desired Qualifications

• Familiarity with tools like Truffle, Hardhat, Remix, Web3.js, or Ethers.js
• Experience with DevOps tools including Terraform
• Knowledge of emerging blockchain trends, protocols, and experience with layer‑2 scaling solutions

Skills

• Automation
• Influence
• Result Orientation
• Stakeholder Management
• Technical Strategy Development
• Application Development
• Architecture
• Business Acumen
• Risk Management
• Solution Design
• Agile Practices
• Analytical Thinking
• Collaboration
• Data Management
• Solution Delivery Process

Shift

1st shift (United States of America)

Hours Per Week

40

Location

• San Francisco, CA
• Jersey City, NJ
• Seattle, WA

Pay and Benefits

Annualized salary range is $156,500.00 - $230,000.00, will be determined based on experience, education and skill set. Discretionary incentive eligible. This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company. Benefits: industry‑leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.